Hopefully you have read our prior blog discussing the various benefits of filing a Chapter 7 bankruptcy case. This blog will focus on the advantages of a Chapter 13 bankruptcy. In most instances, filing a Chapter 13 provides you more flexibility in restructuring your debt and the following benefits: Automatic stay. As soon as you...Read More
When you are struggling to pay your bills and considering filing for bankruptcy protection, it is important to understand which type of filing is best for you. This blog will discuss the benefits of filing a Chapter 7. Be sure to read our next blog to learn more about the benefits of a Chapter 13...Read More
The stress of dealing with debt can be overwhelming. It can have a detrimental effect on every area of your life. It is important to understand that you are not alone. The economic downturn has affected individuals across our nation. If you live in Florida, and you are considering filing for bankruptcy protection, call our...Read More
When you are struggling financially and being harassed by creditors, the idea of getting safe refuge in bankruptcy can be quite appealing. However, most people are afraid to take this step because they fear what will happen to their assets. A significant assets for most individuals is their retirement account. Fortunately, federal bankruptcy law provides...Read More
Whether an employee’s departure is voluntary or not, it poses a threat to your business’s proprietary information. This is particularly true if your employee is leaving to work for one of your competitors. Therefore, it is important for all employers to have a procedure in place for reducing risk to any of your confidential information....Read More
When you obtain a loan to buy a vehicle, your car loan documents provide that your lender has the authority to repossess the car if you fail to make a timely payment. The contract should detail what events constitute a default, which can include a variety of events, but failure to make a payment occurs...Read More
Even with all the planning and forethought that goes into your bankruptcy filing, mistakes can still happen. Errors in a closed bankruptcy So, what do you do if you discover an error after your case has been closed? Typically, it is possible to reopen a case to cure a procedural error such as: forgetting to...Read More
Deciding whether to file for bankruptcy protection is a difficult decision. There are numerous factors that must be considered and it is important for you to understand all the pros and cons of a Chapter 7 or Chapter 13 case. Although no two cases are the same, below are a few things you should be...Read More
If you are struggling to pay your bills and your household income is higher than the applicable median income, filing a Chapter 13 case may the answer to your problems. Chapter 13 Bankruptcy In a Chapter 13 bankruptcy, you will submit a repayment plan that sets forth how you intend to repay your creditors, either...Read More
There are a variety of different legal entities to choose from for your business. One that many partners consider is the limited partnership (LP). This type of entity is similar to a general partnership, but it provides the partners with separate and limited status. The primary benefit is that a LP can provide protection from...Read More
